ACM Research raises 2026 revenue outlook as Q2 revenue rises 36%
ACM Research reported second-quarter 2026 revenue of $292.9 million, up 36.0% from a year earlier, and GAAP net income attributable to the company of $89.0 million, up from $29.8 million. The company raised its full-year 2026 revenue guidance to $1.125 billion to $1.175 billion, from a prior range of $1.08 billion to $1.175 billion, though gross margin fell and GAAP profit includes a $69.6 million unrealized investment gain.
Key points
- Q2 2026 revenue was $292.9 million, up from $215.4 million; GAAP diluted EPS was $1.23 versus $0.44, and non-GAAP diluted EPS was $0.61 versus $0.55.
- Full-year 2026 revenue guidance low end raised to $1.125 billion from $1.08 billion; high end unchanged at $1.175 billion.
- GAAP gross margin was 46.0% versus 48.5% a year earlier; GAAP net income included a $69.6 million unrealized gain on short-term investments.
- Net cash was $1.0 billion at June 30, 2026, compared with $924.2 million at March 31, 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.